Image: Te Awanga Estate/Facebook The Hawke’s Bay Wine Company, along with three related entities including the well-known Te Awanga Estate, is in liquidation. According to the first liquidators’ report, the company – which includes Hawke’s Bay Wine Investments Limited, The Hawke’s Bay Wine Company Limited, Te Awanga Estate Limited, and Portside Wines Limited – reportedly owes…
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Corporate insolvencies set to rise again in 2026 as interest rate risks linger: Coface Insurance Business Read the original article here
IBBI Notifies Amendments To Simplify Corporate Insolvency Procedures MSN Read the original article here
MUMBAI: A special court in Mumbai has discharged now defunct Dewan Housing Finance Corp Ltd (DHFL) in a Rs 5,050 crore money laundering case, ruling the company under new management is entitled to statutory immunity under the Insolvency and Bankruptcy Code (IBC). The court, however, clarified that while DHFL as a corporate entity is discharged,…
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REVEALED: Latest business liquidations in Scenic Rim The Courier Mail Read the original article here
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Demand for consumer credit rose 9.4 percent last month. Photo: RNZ Demand for consumer credit rose 9.4 percent last month, reflecting an increase in the number of mortgage applications and an elevated number of personal loans. Credit research firm Centrix’s January Credit Indicator showed the increased demand for credit was somewhat offset by mixed number…